Maharashtra FM Sudhir Mungantiwar unveils book which decodes GST for Steel

NewsPatrolling.com : With the market still in knots regarding GST the Steel Users Federation of India (SUFI) unveiled its latest publication ‘GST Decoded for Steel Supplement-1’ at the hands of Maharashtra’s Finance Minister Sudhir Mungantiwar. The book offers simple and easy solutions to doubts and problems of steel businessmen regarding payment of the GST.

The occasion was marked by the presence of Nikunj Turakhia (President of SUFI), Mitesh Prajapati (General Secretary- SUFI), Vinod Bane (Secretary- SUFI) and Narayan Gupta (Director- SUFI). This booklet is prepared by well-known chartered accountants Sameer Sanghavi and Manish Agrawal.

Speaking on the book launch Finance Minister of Maharashtra, Shri Sudhir Mungantiwar said, “Such initiatives help in effective implementation of government policy of ‘one nation’, ‘one tax’ i.e. GST. In addition, they also help allay the doubts and this results in seamless and quick payment of taxes by the businessmen.”

Last year, in July 2017, SUFI released ‘GST Decoded for Steel’, which proved beneficial to the businessmen. The latest book is the first supplement to this publication which includes the changes brought in GST on December 21, Government law on ease of doing business, information about Ready Reckoner, and information related to the law.

About Steel Users Federation of India (SUFI): 

SUFI is a federation representing all the stake holders in steel space such as steel mills, steel users, steel traders, steel brokers and steel service providers across INDIA. The fundamental objective of SUFI is to bring all the stake holders onto a common platform so that all can move forward in a tandem in order to achieve the targets as set in current steel policy by ministry of steel. These targets can only be achieved by continuous dialogue amongst the stake holders and jointly with the government on policy issues. The need of the hour is to create awareness amongst steel fraternity regarding new applications of steel, introduction of new qualities and new research and developments. These are only possible through seminars and conferences. SUFI is proud to be associated with STEELGROUP in order to organise various summits, conferences and seminars so that these objectives are met. Automobiles form a very and important constituent in steel consumption.